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Buyer’s Misrepresentation Claim Fails Due to Economic Loss Doctrine

Explore a recent case involving a buyer’s misrepresentation claim in an M&A deal. Learn how the economic loss doctrine played a crucial role in the outcome and its implications for similar cases. M&A Stories December 7, 2018 In a recent

Posted in economic loss doctrine, fraud in business sale, negligent misrepresentation, tort misrepresentation in M&A Tagged with: , , , , , , , , , ,

Officer of company selling assets can be liable to buyer in tort for material misrepresentations and omissions even though not a party or guarantor to the asset purchase agreement

Today I want to talk about James. He was the officer of a company (“Seller”) which owned and operated an Anytime Fitness center franchise in Nicholasville (a small city outside of Lexington, Kentucky). In September of 2016, Robert, owner and

Posted in tort misrepresentation in M&A

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